Future growth of telecom networks in rural Cambodia will be funded by a three percent tax on gross revenue for the country’s telecom operators, due to begin within the first half of 2017.​ Im Vutha, spokesperson for the Telecom Regulator of Cambodia (TRC) told Khmer Times ...

Cambodia would significantly strain its land and water resources if a projected series of large-scale hydro-power dams are built along the Mekong, according to projections released this week. Fish remains the primary source of protein and researchers [from the Australia National University in Canberra and World Wildlife Fund] ...

Prime Minister Hun Sen yesterday blasted local officials for not working hard enough to curb illegal fishing in and around the Tonle Sap lake, where fisheries crimes are still rampant despite 90,000 hectares of protected areas. “Don’t do illegal fishing, use illegal equipment to fish, or ...

Forest land in Asia-Pacific countries has grown overall since 2002, according to a study released last week, but Cambodia was one of only three countries surveyed to buck the trend. Out of 14 countries included in the study by the Regional Community Forestry Training Center (RECOFTC), ...

Responding to reported fears among staff that the destruction of a wall at Phnom Penh’s Buddhist Institute could herald the piecemeal sale of the grounds to adjacent casino operator NagaCorp, the government yesterday chalked the alarm up to a simple misunderstanding. According to the Ministry of ...

Senior General Min Aung Hlaing, Commander-in-Chief of the Myanmar Defense Services, will pay a four-day visit to Cambodia on Wednesday to bolster bilateral ties and cooperation. ...

Laos, Cambodia and Vietnam are among the six countries whose bird species will suffer, in the future, from the effects of climate change, according to a research conducted by two British scientist institutions. The document, published by Global Biological Change magazine, assesses a future distribution ...

The University of Copenhagen’s open letter used data from the University of Maryland’s Global Forest Change dataset and other data points to show that 7,510 hectares of forestland were lost at the Prey Lang Wildlife Sanctuary in 2019, the worst loss since 2016 when the ...

Ministers from the six Mekong region nations concluded a two-day meeting yesterday in which they solidified plans for an economic strategy that would span a decade and require billions in investment. Speaking at Phnom Penh’s Peace Palace at the annual ministerial meeting, Minister of Commerce ...

The International Labour Organisation (ILO) Better Factories Program (BFC) has responded to a scathing report released last week by Stanford University, which said the ILO program was ineffectual as it had not helped secure Cambodian workers a significant wage increase since the program started over ...

Cambodians for Resource Revenue Transparency (CRRT) will host a one-day National Conference Nov. 2 on the Best Practice of Governance in Extractive Industries and Revenue Management. The conference, to be attended by representatives from the Association of South East Asia Nations (ASEAN), will also include representatives ...

Cambodia’s largest commercial bank, Acleda, plans to install 30 automatic teller machines (ATMs) this year as the bank expects about a million new depositors during the coming year. Acleda president and chief executive In Channy told the Post yesterday additional ATMs would be installed in Phnom ...

The Industrial and Commercial Bank of China (ICBC) launched its first branch in Cambodia yesterday, bringing the total number of commercial Banks in the country to 30. Speaking at the inauguration of the branch in Phnom Penh, Finance Minister Keat Chhon made an appeal to ICBC ...

New policies in agriculture, real estate and finance led the Asian Development Bank (ADB) yesterday to keep its outlook on Cambodia’s economic growth this year at an estimated 6.8 percent. The announcement comes even as the World Bank and the government have reduced their expectations, projecting ...

The government has asked China to make good on its pledge to buy 200,000 tons of rice annually from the Kingdom and also to speed up the approval of a $300 million loan to the country’s beleaguered rice sector. This request was made yesterday during a ...

The Foreign Trade Bank of Cambodia (FTB) and Tong Yang Securities (Cambodia) yesterday signed a memorandum of understanding on financial consultation services and trade co-operation that is hoped to expand Banking and securities business in the country. The MoU should bring the Bank and the securities firm into ...

Global Witness, a United Kingdom-based NGO, has alleged that Deutsche Bank has dropped the majority of its holdings in a Vietnamese company that operates rubber plantations in Cambodia, amid accusations the firm is involved in land grabbing and illegal logging. In a statement released today, Global ...

Taiwan’s E. Sun Commercial Bank has purchased a 70 per cent stake in Cambodia’s Union Commercial Bank. The deal, planned for months but announced yesterday at a press conference at the Sofitel hotel in Phnom Penh, will bring technology upgrades and more loan capital to the ...

Taxpayers are now able to pay their dues at Acleda Bank as the government seeks to outsource its tax revenue collection to the private sector, the head of Cambodia’s largest Bank said yesterday. In Channy, president and CEO of Acleda Bank, told the Post that the ...

Cambodia’s credit sector is expanding rapidly with the central bank saying now is the time to start infusing the market with riel and begin a process of de-dollarization in the country’s economy. But as the growth of dollarized loans outstrips those in riel, disbursing credit ...